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Market Prices

9/09/10 Chinese Spot Price

Motor copper $7,057
#1 Bare Bright $7,671
Shred Taint $1,771
Shred Tense $1,857
#1 Nickel $24,143
Shred Zinc $2,057
304 SS Sabot  (18-8) $1,971
Lead

$1,957

HMS $360
AOO Al Ingot $2,229

Shred SS
(Ni = 7.8~8.0%)

$1,986

Steel-making Pig Iron $426
Casting Pig Iron $464
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world news
Scrap metal price daily updated 2010-09-09    09-09
                China Scrap Metal Market Price Scrap Copper - ...    Read full story
Slowdown signs - German new car sales in August down by 27pct YoY    09-09
Reuters reported that German new car registrations in August 2010 were 27% lower than a year ago when buyers enjoyed the last of the government's car scrappage incentives. Germany's motor vehicle depa- ...    Read full story
VSA and Electricity of Vietnam clash over power shortage    09-09
It is reported that the head of Vietnam's Steel Association has rejected a proposal by the national electric company to require steel factories to build their own power plants rather than drawing from- ...    Read full story
MEPS sees global steel consumption at 1470 million tonnes in 2014    09-09
UK based MEPS said that “Global consumption of finished steel in 2010 is expected to be approaching 1260 million tonnes. This represents an increase of 160 million tonnes on the year earlier fig- ...    Read full story
Macroeconomic indicators - EU 27 Q2 GDP increased    09-08
According to the data published by Eurostat and the National Institute of Statistics, GDP increased by 1% in both the euro area and the EU 27 during the second quarter of 2010 as compared with the pre- ...    Read full story
Global steam coal prices continue to rise    09-08
Macroeconomic indicators - German Q2 machine tool orders up by 71pct YoY    09-08
Indian Market Rises To 31-month High    09-07
Rays of recovery - Japanese industrial output rises in July    09-07
US rig count drops as oil drilling slows for first time in 7 weeks    09-07
Monday Market Monitor - EU - WEEK 35 - Domestic mills eying hikes    09-07
Macroeconomic indicators - US construction industry adds 19000 jobs in August    09-06
Light rail contracts awarded in Minneapolis    09-06
EU debar makers announcement of major hike unlikely to stick    09-06
Colorado mining experts say Chilean rescue effort unique    09-03
US drop probe on China currency practices    09-03
Macroeconomic indicator -EU unemployment rate stable at 10pct    09-03
Pakistan will import more coal in 2011    09-02
FBR cuts Q4 2010 metallurgical coal price outlook    09-02
US weekly raw steel production up by 23pct YoY    09-02
Sims Metal announces fiscal 2010 results for Australasia    09-01
Rays of recovery - Japanese auto output in July up by 15pct YoY    09-01
POSCO completes takeover of Daewoo International    09-01
Indonesia to hold a roadshow in September for PT Krakatau IPO    08-31
POSTECH hosts IT Convergence conference on August 19    08-31
Indian coal demand this FY to reach 653 million tonnes    08-31
Mining mogul with a mountain to climb    08-30
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